Hormuz Day 77: IEA May OMR — cumulative supply losses now EXCEED 1 BILLION BARRELS (largest disruption in IEA recorded history); Saudi April production 6.316 mb/d LOWEST SINCE 1990; UAE formally exited OPEC + OAPEC May 1; Trump-Xi summit ENDED Friday without substantive Iran agreement (Trump on Fox: "losing patience" + "to be continued!"); Brent $109.26 +5.5% week / WTI $105.42 +11% week; Cuba Energy Min "absolutely no fuel oil, absolutely no diesel" — 22-hr Havana blackouts; India hiked retail petrol+diesel Rs 3/L Friday ending 4-year price freeze; Bolivia Day 11 — Argentina aircraft airlift to La Paz